Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,570,000
Warehouses
4105 Conway Ave Palmhurst, TX 78573-1673
Individually Owned
8-yr Hold
Free & Clear
Property ID
US82-7772219
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2002
Total area
17,330 SF
Lot
1.21 ac (52,708 SF)
Zoning code
CO
APN
P2345-00-000-001B-00
UPID
US82-7772219
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.71M
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.57M
Owner & transaction history
Chavez Felix JR. · 8 yrs held
Chavez Felix JR.
since 2018
6 recorded transactions
Zoning & alternative use
CO · Palmhurst, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.6M
+36.0%
Auto repair, garage
$2.5M
+29.1%
Restaurant
$2.4M
+27.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palmhurst submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmhurst submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,845,000
6.5%
$1,705,000
7%
$1,580,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,895,000
Current use
RETAIL STORES
$2,580,000
Change: +36% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,450,000
Change: +29% · Conversion: Easy
RESTAURANT
$2,425,000
Change: +28% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,290,000
Change: +21% · Conversion: Difficult
MEDICAL BUILDING
$1,720,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$1.57M
Range $1.41M – $1.73M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$91 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$15,652
Tax year 2022
Assessed value
$776,143
Assessed 2023
Previous assessed
$776,143
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$326,777
Assessed improvement
$449,366
Land market value
$326,777
Improvement market value
$449,366
Total market value
$776,143
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2002
Heating
NONE
Cooling
YES
Stories
1
Total area
17,330 SF
Lot
1.21 ac (52,708 SF)
Zoning code
CO
APN
P2345-00-000-001B-00
UPID
US82-7772219
Jurisdiction
HIDALGO
Zoning & alternative use
CO · Palmhurst, TX
Zoning CO · permitted uses
CO · Palmhurst, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmhurst. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.9M
RETAIL STORES
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RESTAURANT
Est. value
$2.4M
COMMERCIAL (GENERAL)
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Chavez Felix JR.
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 3928, MCALLEN, TX 78502-3928
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 16, 2018
—
Chavez Felix JR.
Devin Distributing & Packaging
Warranty Deed
related
—
May 10, 2013
—
Javier Esqueda
—
Deed Of Trust
related
$1,207,309 · Rio Bank
Mar 1, 2013
—
David Gutierrez
Esqueda,javier & Maria T
Warranty Deed
$670,000 · Javier Esqueda
—
—
Javier Esqueda
—
Loan Modification
related
$1,033,033 · Rio Bk
—
—
Javier Esqueda
—
Deed Of Trust
related
$250,000 · Lone Star National Bank
—
—
David Gutierrez
—
Deed Of Trust
related
$613,328 · Lone Star Nat'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4105 Conway Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
